Dow outpaces S&P, Nasdaq as sector rotation weighs on tech
By Market Pulse ·
- Indices: The Dow Jones Industrial Average rose 0.48% to 53,742.50, the S&P 500 dipped 0.19% to 7,697.20, and the Nasdaq Composite fell 1.32% [24/[address hidden].]( hidden]) - Real Estate: Outperformed with a 3.96% gain as investors rotated away from AI and tech stocks Yahoo Finance - Energy: Declined 3.96% amid falling oil prices, with WTI crude closing at $88.12 after an 8.3% drop Yahoo Finance - Chip stocks: Fell for a second day, with Nvidia, AMD, and Intel trading lower, alongside declines in TSMC and Samsung Yahoo Finance - Financials: American Express, Goldman Sachs, JPMorgan, and Visa each rose over 1% ahead of the open, contributing to Dow strength Yahoo Finance - AI landlords: Gained as money flowed into data center real estate amid a broader rotation out of AI-related tech stocks [24/[address hidden].]( hidden])
Not financial advice. Summarised automatically from the linked news.